I sent another email to the FL on Friday basically chasing up to see what the continued delay was/is.
I got a reply this morning, most of it was clarifying the role of the FL in these situations, I haven't checked but I am guessing it is word for word what they sent Betty. At the bottom though was the following, which indicates that they still do not think they have the 'assurances' they require. Does anyone know what form these assurances need to be in? Cash in the bank? " When a club is looking to exit administration or administrative receivership and move into the hands of new owners The League has a degree of control in terms of assuring the new owners can support the club going forward (The League does not have the same control when a private sale takes place as it has no legislative control over a private business in this regard). This is to secure the long-term future of the club going forward and the press release on our website indicates that certain documentation and assurances regading the sale of the club are required." _______________________________________________ the Leeds List is an unmoderated mailing list and the list administrators accept no liability for the personal views and opinions of contributors. Leedslist mailing list [email protected] http://list.zetnet.co.uk/mailman/listinfo/leedslist Join The Leeds United Supporters Trust at www.lufctrust.org
